Crisil cuts GDP growth to 5.5%
- Keenan-Reuben murder case: Mumbai court sentences all four convicts to life imprisonment
- Textile major Bhilwara has firm in BVI, says it is a lawful investment
- Kerala Dalit woman rape: New probe officer appointed, sketch of main suspect released
- IRCTC has not been hacked, PRO rubbishes media reports
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Rating firm Crisil has cut India's real GDP growth forecast for 2012-13 to 5.5 per cent from its earlier forecast of 6.5 per cent and raised the average WPI inflation forecast to 8 per cent from 7 per cent released earlier.
However, another report by Royal Bank of Scotland Private Banking (RBS) is relatively optimistic over the Indian economy in the second half of calendar year 2012 despite expectations of fall in GDP. RBS is also positive on the performance of Indian equity markets this year.
- Punish the guilty of AgustaWestland, but also fix the weak links
- Clarity is needed on the supremacy of legislature, and its limits, in its own sphere
- A range of preventive and remedial steps must be taken in the hill forests of Uttarakhand
- If grief and anger unite us, so does, when such occasion arises, relief
- Dear Krishna Kumar, the AAP has unleashed a silent revolution in education
- Suffering of millions does not create public outrage, much less govt accountability